ARCE has been trading between $20.50 and $24.50 since its IPO.
All the lonely people can't lift Alibaba.
It takes more than just a day's bounce to call it a trend.
The biggest risk right now is the yuan level versus the dollar.
The market is giving no clue as to which way it is headed, so stick to fundamentals.
Data has been decent, but is showing signs of softness as the demand collapse in the rest of the world feeds into U.S. data.
I have geared my Transports allocation toward the rails this year.
The Chinese central bank is moving to boost asset prices and offset trade war and slowdown fears.
Turkey contagion, Italy contagion -- the bears have moved on, but the lesson is the same. Don't take bear talk as gospel.
As the market plays wait and see, the Chinese infrastructure boost is kicking in, making copper a good bet.